Strike threat looms closer in Norway as negotiations break off
The Norwegian union Fellesforbundet has broken off negotiations with the employers' Federation of Norwegian Industries.
norway
Norway unemployment jumps to decade high amid oil plunge
Norway’s unemployment rate jumped to the highest in more than a decade as a slump inoil prices weighs on an expansion in western Europe’s biggest crude producer.
Crude at $40 isn’t the only problem facing Norway’s oil industry
The collapse of crude prices isn’t the only problem facing energy companies in Norway: Explorers in western Europe’s biggest oil-producing nation also have had their leanest drilling spell in almost a decade.
Video: Incredible time-lapse of Aasta Hansteen living quarters
This footage shows the Aasta Hansteen living quarters being manufactured by CKT Projects.
Deepsea Metro II finally finds buyer
A drillship which has been laid up in Venezuela since last year has now been sold.
KCA Deutag looks to recruit 300 staff in Norway
KCA Deutag said it has begun a recruitment process for operational staff in Norway.
Statoil emissions increased by more than 50% in 2015
Statoil had 21 serious emissions last year which was an increase of more than 50%, according to new reports.
Fjords Processing in funding boost for cleaner technologies in oil and gas
Fjord Processing has been given a cash injection from the Research Council of Norway for its work looking into cleaner technologies in the oil and gas industry.
First shipment of US shale arrives in Norway for INEOS
Shipments of shale gas have arrived in Norway for the first time since an export ban was lifted in the US.
Maersk Drilling to make up to 70 redundancies in Norway
Maersk Drilling is set to make up to 70 redundancies in Norway.
COSL salvages rig contract with Statoil on Troll field
Statoil has taken back a COSL Drilling Europe semi-submersible at its Troll field off Norway swiftly after suspending the deal earlier this month.
Topsides UK 2016: Healthcare boss says stress driving offshore workers to despair
Offshore workers' mental health is being affected by the downturn in the oil industry to the point where there is an increased suicide risk according to the boss of an offshore healthcare provider.
Norway cuts interest rate by 0.25%, says may act again later this year
The Norwegian central bank reduced its key interest rate by 0.25 percentage point, to 0.5 percent, and said it may act again later this year to spur the economy from its oil-led downturn.
Ocean Installer nets Statoil contract
Norwegian operator Statoil has awarded a contract to Ocean Installer which will see it perform subsea work.
Engi to downsize staff in Norway for first time
Engi said it will reduce its headcount in Norway in a first time move for the company in the region.
Songa looks to refinance after Statoil calls time on contracts
Songa Offshore said it plans to issue a convertible bond of $100million with an option to increase it by a further five million as it looks to complete comprehensive refinancing.
History will mark Goliat project as a “success”,says Eni director
A director at Eni said its Goliat oilfield project could still be profitable even below $50 a barrel oil.
Aker Solutions to make 600 further job losses
Aker Solutions said it plans to make 600 further job losses from the company as it looks to streamline costs.
Safe Scandinavia gears up for Statoil work
Prosafe said the Safe Scandinavia has completed onshore acceptance testing and is now being mobilised to the Oseberg Ost installation to commence drilling support operations for Statoil.
Norwegian Investment Bank predicts oil industry deals to surge
Deal-making in the oil industry is about to jump.
Future of Norwegian oil and gas industry to be decided by those not “born yet”
Norway’s Prime Minister said workers who will decided the fate of the country’s oil industry had not even been “born yet” as it was revealed jobs would continue to be lost this year. Erna Solberg spoke at the annual conference of the Norwegian Oil Industry Association in Oslo.
Report shows Norwegian index for crude oil dropped by 34.2%
A new report by Statistics Norway has shown the PPI (Producer Price Index) decreased by 2.6% between January and February.
Oil and gas manufacturing plant makes 60 redunancies
A manufacturing plant for oil and gas products in Norway said it will reduce its headcount by 60 positions.
Troubled Atlantic Petroleum sells Norwegian business for One Kroner
Atlantic Petroleum has entered into a sales and purchase agreement with M Vest Energy AS for the sale of its Norwegian assets and licenses.
Statoil, Halliburton launch drilling on Madam Trapp well
Norwegian operator Statoil and Halliburton have kicked off drilling on the Madam Trap well.